Short Interest in thyssenkrupp AG (OTCMKTS:TKAMY) Decreases By 23.0%

thyssenkrupp AG (OTCMKTS:TKAMY) saw a large decrease in short interest in August. As of August 31st, there was short interest totalling 10,400 shares, a decrease of 23.0% from the August 15th total of 13,500 shares. Based on an average trading volume of 14,700 shares, the short-interest ratio is currently 0.7 days.

thyssenkrupp Stock Up 4.9 %

Shares of OTCMKTS TKAMY traded up $0.16 during midday trading on Friday, reaching $3.36. 3,562 shares of the company’s stock traded hands, compared to its average volume of 8,958. The company has a market cap of $2.09 billion, a price-to-earnings ratio of 23.99 and a beta of 1.92. The stock’s 50 day simple moving average is $3.79 and its 200-day simple moving average is $4.60. The company has a quick ratio of 1.18, a current ratio of 1.85 and a debt-to-equity ratio of 0.06. thyssenkrupp has a one year low of $3.08 and a one year high of $7.73.

thyssenkrupp (OTCMKTS:TKAMY) last announced its quarterly earnings results on Wednesday, August 14th. The company reported ($0.10) earnings per share (EPS) for the quarter. thyssenkrupp had a negative net margin of 0.14% and a negative return on equity of 0.45%. The company had revenue of $9.67 billion during the quarter.

thyssenkrupp Company Profile

thyssenkrupp AG operates as an industrial and technology company in Germany and internationally. It operates through five segments: Automotive Technology, Decarbon Technologies, Materials Services, Steel Europe, and Marine Systems. The Automotive Technology segment offers components, systems, and automation solutions for vehicle manufacturing, such as axle assembly, body in white, camshafts and electric engine components, dampers, dies, springs and stabilizers, crankshafts and conrods, steering, and undercarriages.